PPP Loan information for Avalon medical group, pc

$584,530

Avalon medical group, pc was initially approved for PPP Loan of amount $584,530, the current approved amount is $584,530. The loan was approved on 04/11/2020 by The First Metro Bank reported 55 jobs and $584,530 was used to fund payroll.

Avalon medical group, pc is Existing or more than 2 years old

PPP Loan Search / AL / MUSCLE SHOALS / Avalon medical group, pc

AVALON MEDICAL GROUP, PC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AVALON MEDICAL GROUP, PC

Borrower Address

2410 AVALON AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-3164

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

584530.00

Current Approval Amount

584530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-3164

CD

AL-04

Jobs Reported

55

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38453.20

Payroll Proceed

438399.00

Mortgage Interest Proceed

49224.60

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

58453.20

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

577753.75

Forgiveness Date

11/06/2020

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